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Ant Financial Leads Series D Funding of 3D Motion Sensing Firm Orbbec
36Kr.com, 5/21/18
Shenzhen-based 3D motion sensing products developer and manufacturer Orbbec Technology recently announced completion of USD 200 mln in Series D funding led by Alibaba Group's (NYSE: BABA) financial services affiliate Ant Financial, with participation by prior-round investors SAIF Partners, Green Pine Capital Partners, Sirius Capital, and R-Z Capital. Read More
New Oriental, TAL, ATA Invest in K-12 Live Streaming Education Platform ClassIn
Sootoo, 3/06/17
Beijing-based Empower Education Technology (EEO), operator of K-12 online live streaming education platform ClassIn, recently announced completion of RMB 9-digit Series A+ funding led by educational services provider New Oriental Education & Technology Group (NYSE: EDU), and with participation from prior round investors TAL Education Group (NYSE: TAL) and ATA Inc (Nasdaq: ATAI). Read More
JD.com Pilots Smartphone Rental Service 'JD Baozu'
Cnmo.com, 2/10/17
Chinese B2C e-commerce platform JD.com (Nasdaq: JD) recently announced a new smartphone rental service called "JD Baozu," which will initially allow users to rent either an iPhone 7 or an iPhone 7 Plus smartphone. Read More
Electronics Recycling Site Aihuishou Completes RMB 400 Mln Series D
iFeng Tech, 12/21/16
Shanghai-based Yueyi Information Technology, operator of electronic products recycling platform Aihuishou.com (literally "Love to Recycle"), has announced the completion of RMB 400 mln Series D funding in a round jointly led by Cathay Capital and Shenzhen Fortune Venture Capital, and with participation by a number of existing and new stakeholders, including Tiantu Capital, e-tailer JD.com (Nasdaq: JD), Morningside Ventures, Greenwoods Asset Management, and Shenzhen Qianhai Fund of Funds. Read More
Suning Invests RMB 8-digit Sum in 360-degree Camera Maker 'Arashi Vision'
NetEase Tech, 8/23/16
Shenzhen-based 360-degree camera maker Arashi Vision recently announced completion of RMB 8-digit Series B+ funding from Chinese consumer electronics and home appliance retailer Suning Commerce Group (002024.SZ). Read More
Plugin Allows Didi Chuxing Drivers to Fake Location, Filter for Distance
Sina Tech, 4/20/16
Drivers for mobile taxi booking and car hire app Didi Chuxing have been using a third-party plugin, "Didi Shenqi," to snatch fares, revealed a taxi driver to Sina Tech News. Read More
Mobile Alipay Update Includes Read-and-Burn Messaging Feature
DoNews, 10/16/15
Chinese third-party payment platform Alipay recently launched Version 9.2 of its mobile app, adding a new "Read & Burn" instant message deletion function to the platform's chat interface. Read More
China's Telcos Launch Pre-orders for iPhone 6s and 6s Plus
Tencent Tech, 9/10/15
China Mobile (NYSE: CHL; 0941.HK), China Unicom (NYSE: CHU; 0762.HK; 600050.SH) and China Telecom (NYSE: CHA; 0728.HK) will begin presales for the iPhone 6S and iPhone 6S Plus beginning today. Read More
TMall, Ant Financial to Offer Interest-free Singles Day Loans
Sina Tech, 11/04/14
Alibaba Group's (NYSE: BABA) B2C e-commerce site Tmall announced today a promotion coinciding with China's November 11 "Singles Day" e-commerce holiday. Read More
Rumor: China Telecom Provides iCloud Support in Mainland China
Sina Tech, 8/14/14
According to online Chinese media reports, US electronics company Apple has begun hosting Chinese user data for its iCloud personal cloud storage product on mainland Chinese servers from China Telecom (NYSE: CHA; 0728.HK). Read More
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